[2018-06-08] Daily Steem Blockchain Update!

Steem is a blockchain-based rewards platform for publishers to monetize content and grow community...

Prices and activity are down but when compared to other blockchains activity is still high with almost 50% of all the transactions but with only 0.3% of the total market cap. Maybe the recent heatwave have affected people and managed to drag them away from their screens temporarily. At least for me that's true as this kind of weather is quite rare in Sweden to say the least! :)

Great to see your efforts and these data and all these are deep dived numbers which directly reflecting the efficiency of the Steem Blockchain and we all know that the current downtrend is for limited period because Steem Blockchain is so powerful and so efficient and the efficiency can be seen at Blockactivity and approx 60% of Global Blockchain Transactions are done by Steem and hundreds of Applications are running on the Steem Blockchain and in History of Blockchain we didn't see this kind of efficient Blockchain.

And one more thing, Etherium is second on the Blockactivity list but it used almost it's Block Space and now the transactions are slow but Steem is first on the list but still Steem used less than half of the Block space and that shows the power of Steem and efficiency too.

Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂

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